CZ told CoinDesk over the course of two interviews that he saw several reasons for crypto’s 2026 bear market, including investors shifting funds to AI, geopolitical events and the usual four-year crypto market cycle.
He laid out his goals for Binance.US – the US crypto exchange that he majority owns but does not operate on a day-to-day basis – saying he wanted to see the platform tap Binance Global – the global crypto exchange that he majority owns but does not operate – for its liquidity, as part of a broader push to make the US market stronger.
And while he said his goal in Washington, DC was to clear up any “misunderstanding” about himself and Binance, he said his guilty plea to Bank Secrecy Act violations did not harm his reputation.
Still, CZ told CoinDesk he doesn’t want to run a crypto exchange again, saying he preferred to act more as an informal advisor to the various companies he’s invested in.
Read more in CoinDesk.
There is still no real word on where this bill stands. As a reminder, the ethics provision remains the biggest obstacle to a deal. Politico profiled White House crypto liaison Patrick Witt and confirmed that any deal he helps broker must be signed by the president.
